News

Bank of America Merrill Lynch has confirmed the departure of Mark Wheatley, the firm's head of electronic trading, Asia Pacific, and head of Japan equities.

Former Turquoise CEO Eli Lederman's compensation claim for unfair dismissal is expected to be resolved next month, pending an employment tribunal's view of the acquisition of a majority stake in the multilateral trading facility by the London Stock Exchange in 2010.

MTS, the London Stock Exchange Group's European electronic fixed income market, will launch a new platform for Euro-denominated non-government debt before the end of 2011, called MTS Credit.

Declining volumes and fee reductions contributed to a €16.3 million fall in 2010 equity clearing revenues at LCH.Clearnet, but the Anglo-French central counterparty hopes that progress towards post-trade interoperability in Europe could reverse the trend.

Interxion, a provider of data centre services, will supply its customers with direct, redundant access to the trading systems of Deutsche Börse Group.

The Tokyo Stock Exchange has said that it will extend its trading hours, shorten the duration of its trading halt and the renewal time interval for its special quote from 9 May 2011.

The Stock Exchange of Thailand is to add a new channel for providing updates on the indicative net asset value of exchange-traded funds.

Portware, a provider of electronic trading solutions, has partnered with transaction cost analysis provider Abel/Noser to supply its institutional investor client base with new pre-trade analytics.

BATS Global Markets, the Kansas-based trading venue operator, has unveiled plans to launch a US primary listings business in Q4 2011, as it seeks to further erode the dominance of exchange operators NYSE Euronext and Nasdaq OMX.

Pan-European multilateral trading facility (MTF) Chi-X Europe has partnered with Russell Investments, the US-based investment services and equity indices provider, to launch a new series of European indices.